Monthly Archives: March 2012

And here is more on Target-2…

Just picture a wealthy German running into a wealthy Greek on a beach in Greece. The Greek laments that he has 10 MEUR in his account with, say, Alpha Bank which he would like to transfer offshore to his account … Continue reading

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A plea for Special Economic Zones (again…)

One of the themes since the beginning of this blog has been that Greece needs to use the instrument of Spezial Economic Zones (SEZ) in order to transform its economy. New liberalized laws & regulations alone won’t do the trick … Continue reading

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A cute tweet!

Everyone can guess for him/herself whether this was meant seriously or jokingly, but it certainly is witty! Unfortunately, I can’t find the author of this tweet anymore. …insolvent Greek media are waiting to cash out during elections season from the … Continue reading

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Update on Target-2

This post should be read in the context of my previous update on Target-2 and an interview which Prof. Hans-Werner Sinn gave Der Spiegel earlier this year. Der Spiegel now comes with another article on this never-ending saga. It is … Continue reading

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Cuba – a lesson for Greece?

I have argued in this blog several times that Greece’s problem is primarily an international one: if Greece were sitting on the world’s largest oil reserves and didn’t need any funding from abroad, few people outside Greece would care what … Continue reading

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Greeks solving their own problems

This very interesting Ekathimerini commentary by Alexander Papachelas focuses on one of the points which this blog has made from the beginning, namely: others can and should help, but in the final analysis it is the Greeks themselves who are … Continue reading

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Present day’s Greek soul

Everyone who wants to follow a fairly radical and long exchange among Greeks about Greeks (in German!) should follow this link.

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